Energy storage tenders up 15% in Q4 2019

23 January 2020 (Last Updated January 23rd, 2020 09:05)

Energy storage tenders up 15% in Q4 2019

Energy storage tenders in Q4 2019 saw 75 tenders announced, marking a rise of 15% over the last four-quarter average of 65, according to GlobalData’s power industry tenders database.

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The proportion of tenders by category tracked by GlobalData in the quarter was as follows:

  1. Supply & Erection: 49 tenders and a 65.3% share
  2. Project Implementation: 17 tenders and a 22.7% share
  3. Power Purchase Agreement: seven tenders and a 9.3% share
  4. Consulting & Similar Services: two tenders and a 2.7% share.

North America leads energy storage activity in Q4 2019

Comparing tenders activity in energy storage segment in different regions of the globe, North America held the top position with 48 tenders and a share of 64% during Q4 2019, followed by Asia-Pacific with 11 tenders and a 14.7% share and Middle East and Africa with eight tenders and a 10.7% share.

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Solar is leading technology for energy storage tenders in Q4 2019

Among the technologies, solar accounted for 23 tenders with a 79.3% share, followed by thermal with four tenders and a 13.8% share and wind with one tender and a 3.4% share.

Energy storage tenders in Q4 2019: Top companies by capacity

The top issuers of energy storage tenders for the quarter in terms of power capacity involved were:

  1. National Electricity Company of Burkina Faso (Burkina Faso): 51MW from one tender
  2. Government Of Kosovo (Kosovo): 50MW from one tender
  3. National Water and Electricity (Gambia): 20MW capacity from one tender.

All publicly-announced tenders are included in this analysis drawn from GlobalData’s Power database, which covers power plants, T&D projects, equipment markets, analysis reports, capacity and generation, and tracks tenders and contracts on a real-time basis.

More in-depth reports and analysis on all reported tenders are available for subscribers to GlobalData’s Power database.